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Essay

Sarbanes-Oxley Problem

Essay specific features

 

Issue:

Business

 

Written by:

Edward T

 

Date added:

November 26, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

10 / 2608

 

Was viewed:

9644 times

 

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Essay content:

The Act calls for alterations to fight accounting fraud, and establishes a new oversight board. Not to mention; enforce new penalties and an assortment of elevated values of corporate control. The Sarbanes-Oxley Act is a direct reaction to the corrosion in civic confidence with regards to fiscal governance associations and recent scandals involving prominent public companies (i...
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Enron, Tyco and WorldCom). Some analysts believe Sarbanes-Oxley to be the most comprehensive reform of US securities law since the passing of the Securities Exchange Act in 1934. Currently, provisions of the Act are being implemented by the Securities and Exchange Commission (SEC), which has substantially completed the process of setting its rules...
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General issues of this essay:
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